Strategy as a deliberate, rational and sequential planning process
Introduction
Strategy refers to a course of action that is adopted by an organization in order to achieve its set goals and objectives. According to Mintzberg and Water (1985) strategy can either be deliberate or emergent depending on whether the course of action taken by the organization is articulated and communicated to the whole organization or whether the course of action was not explicitly intended. Mintzberg categorizes Strategy as a deliberate, rational and sequential planning process if the course of action is well thought prior to implementation, articulated, communicated to members of the organization, and a clear plan of action is established. However, it is worth
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The most profound qualities of such strategies include; articulation, communication to all the stakeholders and more profoundly the whole organization, and are shared as collective intentions for the whole organization geared towards attaining the intended goals and objectives of the organization. Deliberate plans are based on the premise that organizations, like 'man ', is a rational economic man and will at all times aim at making the most rational decisions. Rationality in this sense implies that the organizations will make decisions that seek to maximize utility (Grapard & Hewitson, 2011). The following is a brief elaboration of the fundamental qualities of a strategy that is deliberate, rational and sequential planning …show more content…
In essence, nearly all organization have established goals and objectives. Such objectives are futuristic and often ambiguous. However, with deliberate strategies allows an organization to make very clear and articulate plans on how to attain these objectives. Essentially, such an action ensures that a clear path on which the organization is to travel towards achieving the goals and objectives is demarcated. For any business or organization, clarity in regards to the course of action is vital. For instance, clarity of the course of action to be taken by an organization helps strategic level managers to steer the whole organization with ease. For instance, a human resource manager would easily rally the whole workforce towards a the organization’s objectives better if there is a clearly established framework indicating exactly what is expected of the employees compared to if there does not exist clear
JOB KNOWLEDGE Search Warrant Planning & Procedures Officer Penrose has been a member of the Red Team since October of 2015. He has learned what is expected and required in regards to this area of the assignment. Officer Penrose has planned 24 search warrant operations during this rating period. He is familiar with what is needed in a search warrant entry plan and what areas are likely to cause problems or concerns. Officer Penrose plans for most of these problem areas and informs me of them during his planning phase.
Strategy means the approach, plan and knowledge that is used to move in the direction that will allow the company to satisfy the customer’s wants and needs, and obtain their goal, while reaching and maintaining an economical benefit over the competition (Defining Your Business Strategy, 2016). It can further be defined as a means of evaluating at what success level they are currently sustaining, and what success level they desire to obtain and the means they will need to use to get to their desired level (Bryson p. 11). A practical understanding of the value that strategy brings to an organization, is the course that the company is to take and the positioning that the company has for the future, and very possibly survival in a very competitive
Business Planning Activity – Notes Only Document (Please answer each question thoroughly and retain a copy of this information for your records) 1. Describe your vision for building your practice at Edward Jones. How do you plan to add value to the clients and communities you will serve? My vision for building my practice at Edward Jones is to provide the best financial service and knowledge to those in my community.
Abstract The strategic change cycle is one of the processes within strategic planning. This cycle is a ten-step process created to assist organizations in meeting their mandates, satisfying their missions, and constructing public value. “Strategic planning is intended to enhance an organization’s ability to think, act, and learn strategically” (Bryson & Alston, 2011). Introduction Strategic planning is “a deliberate, disciplined effort to produce fundamental decisions and actions that shape and guide what an organization (or other Entity) is, what it does, and why it does it” (Bryson & Alston, 2011).
The individual with have greater confidence and resilience to deal with any problems that occur along the way. Not only does it have benefits to the individual, but also to the organisation. It allows the organisa-tion to gain a better understanding of the individuals goals, strengths and development needs. It helps managers/supervisors develop their own coaching and management skills (which would be part of their own development plan).
The results of this process are plans (outcome-based instructions). The effectiveness of anticipation indicates whether planning is pointed in the right direction. Effectiveness of implementation: To put strategic plans into practice, the plans must be coordinated and communicated to executives in an appropriate way. Here, “implementation” refers to all such measures within the context of the strategic planning process.
Quinn (1998) puts it best when he says a strategy is a plan that integrates an organization’s major goals, policies,
For example, selecting experienced employees and delegate authority to them for resolving problems (Yukl and Mahsud, 2010). This will lessen the stress of management and leadership to guide the team effectively towards accomplishing the organisational
Overall they can make better decisions and plans across an extensive range of functional
High degree of responsiveness of between various functional head and CEO. 2. Inter department decision making is smooth i.e. the functional heads can make decision based on other functions smoothly. 3. Centralized controlling system.
He emphasized that businesses should strive to achieve one of the generic strategies in order to achieve a competitive advantage but Henry Mintzberg disagreed with this idea and in 1994, came up with the concept of Emergent Strategy. He argued that the organisations with constantly changing business environments need to be flexible in order to benefit from various opportunities. In his article “The fall and rise of strategic planning” Mintzberg argues that strategic planning often spoils strategic thinking, causing managers to confuse real vision with the manipulation of numbers (Mintzberg, 1994). He adds “Strategic planning, as it has been practiced, has really been strategic programming, the articulation and elaboration of strategies, or visions, that already exists”.
The term of strategy is defined as “the basic long term goals and objectives of an enterprise and the adoption of courses of actions and the allocation of resources necessary for executing these goals” (Chandler,
As mentioned above, there are five tasks of management that should be accomplished in a daily work routine. Those are planning, organizing, staffing, directing and controlling (Koontz and O’Donnell, 1976). Notwithstanding that some theorists, such as Richard Steers (1985) and Mason Carpenter (2009), highlight only four of those, planning is always considered to be the first and main function of management. It is an activity that involves choosing a strategy to accomplish the objectives of the organization, using the resources effectively and efficiently (Olum, 2004). To make a good plan, a manager should follow the essential steps of planning, which are setting goals, identifying the threats and opportunities of the organization, developing a plan for achieving the goals, and finally evaluating it and reviewing (Gamache, 2008; Duncan,
It is the planning before the action. In includes many activities like making decisions, making strategy for organization etc. At this time strategic planning is an important part of strategic management. Strategy describes how the goal achieves by using the available resources or what kind of resources they need to achieve the goals. This strategy is used when the organization wants to set the goals and wants to make the planning to achieve these goals by available resources.
Managing talent has emerged as one of the greatest problems faced by MNC’s in India. Using three examples from industry, illustrate how organizations are managing talent in their organization? In one of the interview by Mark Zuckerberg reveals his thought on talent “Hiring for talent is more relevant than hiring for experience.” He also mentioned Less-experienced new hires may be willing to take more risks and have more potential than people with good amount of experience while joining.